IWMY Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 40.5 to 29.36 | 30.85 (13.38%) | . | . |
Intermediate | 34.15 to 29.36 | 30.85 (31.11%) | . | . |
Short | 31.64 to 29.36 | . | . | 30.85 (65.35%) |